New Luxury Protection Created for World's Best Wines
Checkpoint Systems Solution Allows Bottles Worth Thousands to Be Available on Shelves
LONDON & THOROFARE, N.J.--(BUSINESS WIRE)-- Checkpoint Systems (NYSE: CKP), a leading global supplier of shrink management, merchandise visibility and apparel labeling solutions for the retail industry, today announced that it has created an innovative solution to allow wine bottles, some costing up to £100,000, to be securely open-displayed on retail shelves without damaging the bottle's appearance.
The Hedonism Wines team in Mayfair, London, UK, asked Checkpoint to create a special wrap designed to set off an alarm whenever a bottle is taken past a security antenna. Unlike most wine wrap tags available in supermarkets, the security device from Alpha, a Checkpoint brand, does not conceal the top of the bottle, allowing customers to inspect the cork. Most innovatively, the Alpha Steel Grip Bottle Wrap contains a rubber insert which prevents accidental damage to the bottle's foil -- saving the shop thousands of British pounds in replacements.
The Hedonism Wines team said, We sell bottles whose labels were designed by Picasso and Chagal, so you can imagine how important merchandise aesthetics and appearance are to us. This meant the solution had to be perfect. We invested a lot of time working with Checkpoint on the design and several types of rubber were tested until we finally arrived at the perfect solution for a bottle of wine that sometimes costs as much as a house.
Some 50,000 customized wraps were manufactured, each bearing Hedonism's logo and colors. Seven months after delivery, the shop has not seen a single theft.
Per Levin, president & chief sales officer for Checkpoints Shrink Management & Merchandise Visibility Solutions business, said, The aim was to create an innovative solution which was worthy of the premium merchandise Hedonism Wines offers. Retailers need new solutions to deter theft and ensure the merchandise is available for open display to enhance the shopping experience. It is even more critical at luxury stores where most of the merchandise requires a discreet but effective solution.
About Checkpoint Systems, Inc. (www.checkpointsystems.com)
Checkpoint Systems (CKP) is a global leader in shrink management, merchandise visibility and apparel labeling solutions. Checkpoint enables retailers and their suppliers to reduce shrink, improve shelf availability and leverage real-time data to achieve operational excellence.
Checkpoint solutions are built upon 40 years of RF technology expertise, diverse shrink management offerings, a broad portfolio of apparel labeling solutions, market-leading RFID applications, innovative high-theft solutions and its Web-based Check-Net data management platform.
As a result, Checkpoint customers enjoy increased sales and profits by improving supply-chain efficiencies, by facilitating on-demand label printing and by providing a secure open-merchandising environment enhancing the consumers shopping experience. Listed on the NYSE (NYSE: CKP), Checkpoint operates in every major geographic market and employs more than 5,000 people worldwide.
George Cohen (for Checkpoint), 617-325-0011
Source: Checkpoint SystemsCopyright Business Wire 2013